Placed in service 2011
New Jersey tax credit properties at Year 15 in 2025
HUD's database lists 44 New Jersey properties placed in service in 2011, with 3,209 apartments (2,940 low-income). If the credit period started that year, the 15-year compliance periods ended around 2025, and extended use runs to at least 2040 unless the agreement says later.
| Property | Credit | Units | Low-income | Allocated | Compliance ends | Extended use at least to |
|---|---|---|---|---|---|---|
| Branch Village II 813 Ferry Avenue, Camden 08104 · no longer monitored | n/a | 58 | 58 | n/a | 2025 or 2026 | 2040 or 2041 |
| Branch Village, Ph. II 813 Ferry Ave, Camden 08104 | n/a | 58 | 58 | n/a | 2025 or 2026 | 2040 or 2041 |
| Living Springs 600 Parkview Dr, Delanco 08075 | n/a | 100 | 94 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Living Springs Senior Residence 4151 Route 130 South, Delanco Twp. 08010 | n/a | 99 | 94 | n/a | 2025 or 2026 | 2040 or 2041 |
| J. Christian Bollwage E-port Commons 205 1st St, Elizabeth 07206 | n/a | 31 | 31 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Waters Edge Crescent 80 Magnolia Ave, Elizabeth 07206 | n/a | 70 | 70 | 2009 | 2025 or 2026 | 2040 or 2041 |
| 205 First Street Senior Housing Development 205 First Street, Elizabeth City 07206 | n/a | 31 | 31 | n/a | 2025 or 2026 | 2040 or 2041 |
| Heritage At Seabreeze 1031 Newark Ave, Forked River 08731 · no longer monitored | n/a | 100 | 0 | n/a | 2025 or 2026 | 2040 or 2041 |
| Franklin Boulevard Commons 727 Franklin Boulevard, Franklin Twp. 08873 | TCEP only | 66 | 66 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Parkside Senior Housing 3-33 Parkside Avenue, Franklin Twp. 08873 | n/a | 70 | 70 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Kershaw Commons 6000 Applewood Drive, Freehold 07728 | 9% | 30 | 30 | n/a | 2025 or 2026 | 2040 or 2041 |
| Seashore Gardens 22 West Jimmie Leeds Road, Galloway Twp. 08205 | TCEP only | 58 | 58 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Whitney Crescent 3000 Crescent Court, Glassboro 08028 | 9% | 79 | 79 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Litc#0919 Windsor Crescent 1 Arcadia Ct, Jackson 08527 | n/a | 111 | 111 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Windsor Crescent 1 Arcadia Court, Jackson Township 08527 | 9% | 111 | 111 | n/a | 2025 or 2026 | 2040 or 2041 |
| A Harry Moore Phase III 320 Duncan Avenue, Jersey City 07306 | n/a | 60 | 48 | n/a | 2025 or 2026 | 2040 or 2041 |
| A. Harry Moore Hope VI Ph III & IV 330 Duncan Ave, Jersey City 07306 | n/a | 60 | 48 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Barbara Place Terrace 352 Van Horne Street, Jersey City 07304 | 9% | 63 | 50 | n/a | 2025 or 2026 | 2040 or 2041 |
| Fred W Martin Apts 196 Mlk Jr Dr, Jersey City · no longer monitored | n/a | 39 | n/a | 2009 | 2025 or 2026 | 2040 or 2041 |
| Fred W. Martin Complex 194-212 Martin Luther King Drive, Jersey City 07305 · no longer monitored | n/a | 39 | 39 | n/a | 2025 or 2026 | 2040 or 2041 |
| Glennview Townhomes 20-28, 40-44 Barbara Place, Jersey City 07304 | n/a | 63 | 50 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Lafayette Gardens Family Housing Phase 6 463 Pacific Ave, Jersey City 07304 | n/a | 63 | 50 | n/a | 2025 or 2026 | 2040 or 2041 |
| Litc#0811 Fred W. Martin Apartments 196 Martin Luther King Jr Dr, Jersey City 07305 | TCEP only | 38 | 38 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Heritage Village At Seabreeze 1031 Newark Avenue, Lacey Township 08731 | 4% | 99 | 99 | n/a | 2025 or 2026 | 2040 or 2041 |
| Gateway Village 901 Norcross Road, Lindenwold 08083 | n/a | 30 | 29 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Justin Commons A/k/a Scotland Commons 1276 Glassboro Road, Monroe Township 08094 | 9% | 132 | 132 | n/a | 2025 or 2026 | 2040 or 2041 |
| Meadows At Pyne Poynt 441 Erie Street, N. Camden Boro 08102 | n/a | 40 | 40 | 2012 | 2025 or 2026 | 2040 or 2041 |
| Lincoln Park 15-17 Lincoln Park, Newark City 07102 | TCEP only | 66 | 66 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Belmont Apartments 50 Belmont Avenue, Paterson 07522 | 9% | 85 | 85 | n/a | 2025 or 2026 | 2040 or 2041 |
| Paterson Hope VI 685 E 34th St, Paterson 07513 | n/a | 80 | 79 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Alexander Hamilton Phase I 259-275 Alabama Avenue, Paterson City 07513 · no longer monitored | TCEP only | 80 | 79 | n/a | 2025 or 2026 | 2040 or 2041 |
| Parkview Senior 618 New Brunswick Ave, Perth Amboy 08861 | 9% | 84 | 84 | n/a | 2025 or 2026 | 2040 or 2041 |
| Perth Amboy 618 New Brunswick Ave, Perth Amboy 08861 | n/a | 84 | 84 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Parkview Senior 618 New Brunswick Avenue, Perth Amboy City 08861 · no longer monitored | TCEP only | 84 | 84 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Franklin Blvd. Commons Urban Renewal Assoc. 727 Franklin Blvd, Somerset 08873 | n/a | 66 | 66 | 2009 | 2025 or 2026 | 2040 or 2041 |
| Parkside Family Housing 727 Franklin Blvd, Somerset 08873 | TCEP only | 70 | 70 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Parkside Senior Housing 25 Parkside Street, Somerset 08873 · no longer monitored | 9% | 70 | 70 | n/a | 2025 or 2026 | 2040 or 2041 |
| Horizon Heights 116-118 49th Street, Union City / West New Yor 07087 · no longer monitored | n/a | 52 | 51 | n/a | 2025 or 2026 | 2040 or 2041 |
| Horizon Heigts 4908 Broadway, West New York 07093 · no longer monitored | n/a | 52 | n/a | 2010 | 2025 or 2026 | 2040 or 2041 |
| Litc#0904 Horizon Heigts 4908 Broadway, West New York 07093 | n/a | 51 | 51 | 2010 | 2025 or 2026 | 2040 or 2041 |
| Justin Commons A/k/a Scotland Commons 111-134 Justin Commons, Williamstown 08094 · no longer monitored | TCEP only | 132 | 132 | 2011 | 2025 or 2026 | 2040 or 2041 |
| Colonial Park Apartments 401 South Evergreen Avenue, Woodbury 08096 | 4% | 200 | 200 | n/a | 2025 or 2026 | 2040 or 2041 |
| Lakeside Apartments 231 North Evergreen Avenue, Woodbury 08096 | 4% | 95 | 95 | n/a | 2025 or 2026 | 2040 or 2041 |
| The Village At Woodstown Bailey And Woodstown Alloway Road, Woodstown Twp. 08098 | TCEP only | 60 | 60 | 2010 | 2025 or 2026 | 2040 or 2041 |
All 13,244 properties as CSV or JSON: Year 15 data download.
What Year 15 changes for these owners
Once the compliance period closes, credit recapture no longer applies, and a right of first refusal held by a nonprofit, a tenant group or a government agency can let it buy for as little as the minimum price in IRC 42(i)(7): the debt not taken on in the five years before the sale, plus the taxes the sale triggers. With the credits claimed and recapture behind them, investor partners have little reason to stay in. The property still owes at least 15 more years of extended use, and unless the agreement or state law rules it out, the owner can ask the agency for a qualified contract after year 14. States can set longer extended use or bar qualified contract requests in their regulatory agreements, so read the recorded agreement for any property here.
Check the exact dates for one property in the compliance timeline calculator, or work the exit numbers in the Year 15 exit and refinance calculator.
Other years in New Jersey: 2023, 2024, 2026, 2027, 2028, 2029, 2030, 2031, 2032.